Post
Topic
Board Service Discussion (Altcoins)
Re: My opinion about dumps caused by bounty participants.
by
janggernaut
on 13/01/2020, 22:44:31 UTC
The price of ICO lies in the support of investors and the control of the token price by the project side. When the ICO project is very successful, its price will also rise; if it fails, the price may plummet.
There are lot of ICO went successful but still ended up with fail when their token entered or listed on market. Their token only stay around 1-3 months before it got dumped from people and then starting to become shit token
Because they cant manage to maintain the price they dont add support for buying so the price will not dump even the bounty hunters sell it. And other reason is sometimes the ICO just faking the sale and just selling it once its listed in exchange and sell it to all supporters.
I think all project can't maintain their token price since it's back to market. And for bounty hunter who sell their all token won't mske price dump so deep since the amount of token from bounty only less than 5% from total supply.

Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought. Smiley
Your point of view?  Cool
what the meaning cause that ico die?
Not reached softcap i think